Posts Tagged ‘50-year mortgage’
The 50-Year Mortgage: A Quick Guide to Understanding the Long-Term Commitment
There’s been discussion floated about the introduction of 50-year mortgages. While it may sound like a long time to be obligated to make payments, the conversation around this proposal is complex, touching on issues of monthly affordability versus lifetime interest cost. Before you jump to conclusions, here’s a brief video clarifying how to think about…
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